Pops & Drops: InterDigital, Lululemon and More

Following are some of the day's biggest movers.

Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!

POPS (stocks that jumped higher)

The Mover: InterDigitial (IDCC) popped 8%
The Trade: There is a big short interest in IDCC, and it probably has another day or two to the upside, Guy Adami said.

The Mover: Eastman Kodak (EK) popped 26%
The Trade: Kodak, which said in July it was shopping aorund a portion of its patents related to digital imaging, is luring investors who are just starting to grasp how much money its patents could sell for. Brian Stutland suggested perhaps buying some calls to the upside if you want to play it.

DROPS (stocks that slid lower)

The Mover: Blue Coat Systems (BCSI) dropped 25%
The Trade: “Not good,” Tim Seymour said. This networking and web security company had terrible first quarter numbers and replaced its CEO, he added.

The Mover: Lululemon (LULU) dropped 3%
The Trade: There is nothing wrong with the fundamentals of this company, Joe Terranova said, but technically you have to pay attention to what is possibly a breakdown in the stock. He got out of it Wednesday.

The Mover: Barnes & Noble (BKS) dropped 11%
The Trade: Karen Finerman has been short this name for a while, but has no positions now. She wouldn’t be long or short here. “It’s dangerous territory.”

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Trader disclosure: On Aug 17, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour owns (AAPL); Seymour owns (BAC); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Finerman owns (AAPL); Finerman owns (BAC); Finerman owns (JPM); Terranova owns (XOM); Terranova owns (CVI); Terranova owns (CAT); Terranova owns (OXY); Terranova owns (AAPL); Terranova owns (DAR); Terranova owns (FCX); Terranova owns (CACI); Terranova owns (ARUN); Terranova owns (ORCL); Terranova owns (EMC); Terranova owns (NCR); Terranova owns (VMW); Terranova owns (IBM); Terranova owns (AMZN); Terranova owns (LULU); Terranova owns (LTD); Terranova owns (WFM); Terranova owns (JPM); Terranova owns (AXP); Terranova owns (FXA); Terranova owns (VRTS); Terranova owns (LQD); Stutland Owns (DBA) and short (DBA) calls; Stutland Owns (GLD) calls

For Karen Finerman
Finerman’s firm owns (AAPL)
Finerman’s firm own (BAC) leaps
Finerman’s firm owns (CAT) calls
Finerman’s firm owns (WAL)
Finerman’s firm owns (MSFT)
Finerman’s firm owns (IBM)
Finerman’s firm owns (HPQ) and (HPQ) puts
Finerman’s firm owns (JPM) stock and (JPM) leaps
Finerman's Firm Is Short (IWR)
Finerman's Firm Is Short (MDY)
Finerman's Firm Is Short (XRT)
Finerman's Firm Is Short (SPY)
Finerman's Firm Is Long S&P 500 Puts
Finerman's Firm Is Long Russell 2000 Puts

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of Building Materials Holdings
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LHO)
Virtus Investment Partners Owns More Than 1% Of (NRCI)
Virtus Investment Partners Owns More Than 1% Of Sun Pharmaceutical Industries Ltd
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (RLI)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of Domino's Pizza UK & IRL PLC

For Brian Stutland

Stutland's Firm Is A Market Maker Holding Positions In VIX Futures And Options, SPX options and futures, SPY stock and options, and VXX Stock And Options

For Dennis Gartman
Funds Managed By Dennis Gartman and Dennis Gartman own Gold

For Jim Iuorio
** No disclosures

Additional disclosures provided Thursday, August 18th:
Jim Iurio long (PSQ)

CNBC.com with wires.